Whether TDS is deductible after service tax addition or not?
- 7 Answers
- 18142 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / ranjan kumar sahoo
TDS will be deduct after addition of Service Tax in case of
Under Section 194J (Fees for Professional & Technical
Services)but no TDS will be deductible in case of Rental
Service Under Section 194I.
| Is This Answer Correct ? | 27 Yes | 3 No |
Answer / moti
No doubt tds should be deducted after adding service tax.
| Is This Answer Correct ? | 20 Yes | 5 No |
Answer / praveen.kp
As per the rule the TDS has to be deducted on the full value
of the bill(or on the billing amount)
But only in case of rental charges TDS is deducted on the
basic amount. there is no logic on these 2 cases. But as
per my opinion TDS should not be deducted on service tax,
because it leads to cascading effeft/double taxtion. We
studied that tax cannot be levied on tax.
But unfortunately on the other hand the same govt says tds
to be deducted on the full value of invoice.
| Is This Answer Correct ? | 18 Yes | 9 No |
Answer / sarat kumar pattnaik
Except U/S 194I in all case TDS will be deducted after inclusion of service tax in the invoice.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / sekhar nayak
Tds Always Deducted from Besic Amount Not From Invoice Amount..Suppose A 50000(gross) amount to 'A' company..Here Tds of 2% is Rs1000/- & s.tax 14% Rs7000/- Net amount of 'A' will 50000+7000=57000-1000=56000.Which we receive..
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / s.packiam
No, Income Tax ( Tax on Income)Then how to deduct Income Tax
on Service Tax. Basic Invoice amount only Income for the
service provider. They charged Service Ta, collect and paid
service tax.TDS deduction on service tax is meaningless.
| Is This Answer Correct ? | 0 Yes | 2 No |
Answer / yogender singh
yes tds is deductible after service tax addition but we can
deduct tds only on basic amount not on service tax amount
because we cant not deduct tds on tax (service tax is
already a tax of govt. that is not our income so we should
not deduct tds on service tax)
| Is This Answer Correct ? | 9 Yes | 15 No |
what is service tax ? due date for pymt ? return forms ? how input credit taken ?
WHAT ARE THE TYPES OF TAXATION?
Assume in a company during the financial year 8 computers has been sold for Rs 68000/- . whether TDS on Income should be deducted from the payment or what?
I have mentioned the buyer as in Kolkata and the consignee's in Jharkhand now the consignee has issued the C Form whether the C Forms is acceptable or not kindly help me
when i send goods out side the state against c form from gujarat to bombay which forms will have to required, where i get it & what process of to get it , please give me the answer on my e.mail sonidilip87@yahoo.com
Whether Tax will be deducted by Deductee as a Society for Construction Contact Rs 3000000 to a Company
how can I know the status of the service tax filing of my organisation when I don't have any details except St number. I want to know till what date the returns are filed etc as I have recently joined.
service tax
sir, which percentage to be deducted for film actors remuneration ?
What we mean by MAT Credit Entitlement ???
what is prepaid expenses & entry
What is rate of tax applicable in absence of central declaration form in state of Haryana. against "C" form rate is 4% & Local VAT is 12.5%. Pl. help.
Audit 
